Politics of Debt Reading Group: Greece, Default and Debt

We discuss various monetary and debt-related topics. For our next meeting we will be discussing Greece, it’s debt, the recent referendum and its implications on the world monetary system, and Greece’s prospects.

Here is a (long) investigation into the origins and odious nature of Greek debt.

https://berkeleypostofficedefenders.files.wordpress.com/2015/07/greek-odious-debt.pdf

Some recent articles.  Select a subset, and/or find your own…

A good overview of how it all came to be in layman’s terms.

A Pain in the Athens

Greek debt crisis: ‘Of all the damage, healthcare has been hit the worst’

Tsipras Has Just Destroyed Greece.

Germany Won’t Spare Greece Pain – It Has an Interest in Breaking Us.

Michael Hudson: EU Infrastructure Undermines Sovereignty

NY Times: Debt Crisis Pits Greeks Against Germans

Wall Street Journal: Europe Takes Hard Line with Greece

Yanis Varoufakis opens up about his five month battle to save Greece

Yanis Varoufakis full transcript: our battle to save Greece

The actual deal made on Monday:

Greek debt crisis: Here’s the deal

The Euro-Summit ‘Agreement’ on Greece – annotated by Yanis Varoufakis

Deal on Greek Debt Crisis Is Reached, but Long Road Remains

The Problem of Greece Is Not Only a Tragedy. It Is a Lie.

Greece put its faith in democracy but Europe has vetoed the result

How Will the Greek Privatization Fund Work? 

Yanis Varoufakis: On the Euro Summit’s Statement on Greece: First thoughts

David Dayen: The rise and fall of the German Empire: What Greece’s crippling bailout deal reveals about the future of Europe

International Monetary Fund Proposed Greek Debt Relief

How Greece Was Lost: ‘We Were Set Up’ – Yanis Varoufakis

Massive debt relief for Greece would give economy chance to grow: IMF

The I.M.F. Is Telling Europe the Euro Doesn’t Work

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The Politics of Debt Reading Group is affiliated with the Bay Area Public School and Strike Debt Bay Area.